🇨🇦 Canada ETF Radar · TOR

ENCL

Global X Enhanced Canadian Oil and Gas Equity Covered Call ETF CAD

Commodity · Unclassified · Unclassified

Stable uptrend
Country Radar Open Chart
Recent price path ENCL recent weekly close path 24 CAD 24 Jul 2026
Weekly Return 3.2% latest completed week
4-Week Return 10.3% short momentum
Trend Gap 14.3% Trend positive
Fair Gap 49.0% vs fair value
Volume 1.1x 268.3K latest
Market Dynamics -0.23 negative and improving
Relative Strength 13.80 vs country ETF tape
Opportunity 36.2 composite radar score
Risk 0.0 0.0% drawdown · 3.2% volatility
Price Action

Price, Trend Line, Fair Value

12 months
ENCL weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
ENCL Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Above Trend Line Market Dynamics improving Positive relative strength

Trend and recent returns are aligned, so demand is still moving in the same direction.

Trend, drawdown, and follow-through are constructive.

ENCL sits in Commodity, so read it as a Canada exposure first and a single ETF second.

The latest week moved 3.2%; the four-week move is 10.3%, which helps separate one-week noise from actual follow-through.

Trend is positive, volume is running at 1.1x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Price is above fair value with a positive trend setup
  • Relative strength is positive versus its ETF peer tape
  • Composite opportunity score is in the stronger part of the radar
Risk Signals

What needs caution

  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 OILU · TOR SavvyLong Geared Crude Oil ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 21.3% 4W 61.7% Vol 0.8x 21.3% 2 HOU · TOR BetaPro Crude Oil Daily Bull ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 20.2% 4W 63.5% Vol 1.0x 20.2% 3 OILY · TOR Evolve Canadian Energy Enhanced Yield Index Fund ETF (CAD-Unhedged) 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.0% 4W 11.6% Vol 0.3x 4.0% 4 NRGY · TOR Global X Equal Weight Canadian Oil & Gas Index ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.6% 4W 10.1% Vol 0.7x 3.6% 5 ZEO · TOR BMO Equal Weight Oil & Gas Index ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.3% 4W 9.6% Vol 1.1x 3.3% 6 ENCC · TOR Global X Canadian Oil and Gas Equity Covered Call ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 2.6% 4W 8.3% Vol 1.1x 2.6% 7 GS · TOR The Goldman Sachs Group, Inc. 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week -0.6% 4W 3.9% Vol 1.3x -0.6% 8 HUC · TOR Global X Crude Oil ETF 🇨🇦 Canada · Commodity Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.3% 4W 8.1% Vol 1.4x 1.3% 9 CPCC · TOR Global X Copper Producer Equity Covered Call ETF 🇨🇦 Canada · Commodity Balanced read: watch trend, volume, and four-week follow-through for the next clue. Week 7.7% 4W 2.7% Vol 0.7x 7.7% 10 CMCC · TOR Global X All-In-One Commodity Producers Equity Covered Call ETF 🇨🇦 Canada · Commodity Volume is expanding versus normal activity, which can mark institutional attention or stress. Week 5.0% 4W 1.0% Vol 2.2x 5.0%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

No recent signal events in the available weekly history.

ENCL

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 16 CAD 15 CAD 14 CAD % 0.91 -3.73 372.9K
8 Aug 2025 16 CAD 15 CAD 14 CAD 0.0% 0.86 -6.03 201.2K
15 Aug 2025 16 CAD 15 CAD 14 CAD 1.1% 0.89 -5.25 350.0K
22 Aug 2025 16 CAD 15 CAD 14 CAD 2.8% 1.04 -3.85 338.5K
29 Aug 2025 16 CAD 15 CAD 14 CAD 0.7% 1.13 -3.78 234.0K
5 Sep 2025 16 CAD 15 CAD 14 CAD -0.8% 1.28 -5.93 219.6K
12 Sep 2025 17 CAD 15 CAD 15 CAD 1.9% 1.39 -4.79 330.7K
19 Sep 2025 17 CAD 15 CAD 15 CAD 0.9% 1.38 -5.37 328.6K
26 Sep 2025 17 CAD 15 CAD 15 CAD 2.9% 1.45 -2.56 418.1K
3 Oct 2025 17 CAD 16 CAD 15 CAD -0.8% 1.62 -5.33 488.5K
10 Oct 2025 17 CAD 16 CAD 15 CAD -2.0% 1.64 -5.04 500.8K
17 Oct 2025 16 CAD 16 CAD 15 CAD -2.9% 1.50 -8.35 538.4K
24 Oct 2025 17 CAD 16 CAD 15 CAD 2.0% 1.31 -7.01 532.8K
31 Oct 2025 17 CAD 16 CAD 15 CAD -0.1% 0.99 -6.62 682.0K
7 Nov 2025 17 CAD 16 CAD 15 CAD 0.7% 0.71 -4.66 652.3K
14 Nov 2025 17 CAD 16 CAD 15 CAD 4.2% 0.77 -1.87 587.2K
21 Nov 2025 17 CAD 16 CAD 15 CAD 0.6% 0.81 -0.56 587.7K
28 Nov 2025 18 CAD 16 CAD 15 CAD 0.9% 0.85 -3.41 457.9K
5 Dec 2025 18 CAD 16 CAD 15 CAD 0.4% 0.86 -2.75 322.7K
12 Dec 2025 17 CAD 16 CAD 15 CAD -1.9% 0.61 -5.11 352.1K
19 Dec 2025 17 CAD 16 CAD 15 CAD -4.5% 0.32 -9.89 833.3K
26 Dec 2025 17 CAD 16 CAD 15 CAD 1.8% -0.10 -8.74 151.9K
2 Jan 2026 17 CAD 16 CAD 15 CAD 3.1% -0.35 -5.36 340.4K
9 Jan 2026 17 CAD 17 CAD 15 CAD -4.2% -0.45 -11.06 1.2M
16 Jan 2026 18 CAD 17 CAD 15 CAD 5.4% -0.45 -7.26 574.4K
23 Jan 2026 18 CAD 17 CAD 15 CAD 2.3% -0.12 -5.23 448.6K
30 Jan 2026 18 CAD 17 CAD 15 CAD 2.2% 0.23 0.58 633.3K
6 Feb 2026 19 CAD 17 CAD 15 CAD 2.4% 0.62 1.29 503.0K
13 Feb 2026 20 CAD 17 CAD 15 CAD 4.2% 1.02 3.58 535.4K
20 Feb 2026 20 CAD 17 CAD 15 CAD 1.3% 1.23 2.67 324.0K
27 Feb 2026 20 CAD 17 CAD 15 CAD 1.0% 1.34 2.20 491.0K
6 Mar 2026 20 CAD 17 CAD 15 CAD 1.6% 1.41 7.67 536.1K
13 Mar 2026 21 CAD 18 CAD 15 CAD 3.3% 1.41 12.97 586.1K
20 Mar 2026 22 CAD 18 CAD 15 CAD 3.2% 1.44 20.89 337.7K
27 Mar 2026 22 CAD 18 CAD 15 CAD 3.1% 1.47 21.88 474.1K
3 Apr 2026 22 CAD 18 CAD 15 CAD -2.2% 1.48 14.86 583.0K
10 Apr 2026 21 CAD 18 CAD 15 CAD -2.5% 1.34 9.84 444.9K
17 Apr 2026 20 CAD 18 CAD 15 CAD -6.3% 1.04 0.93 471.4K
24 Apr 2026 21 CAD 19 CAD 15 CAD 3.4% 0.64 5.63 334.8K
1 May 2026 22 CAD 19 CAD 16 CAD 7.4% 0.36 13.22 330.6K
8 May 2026 22 CAD 19 CAD 16 CAD -2.2% 0.15 9.90 387.9K
15 May 2026 23 CAD 19 CAD 16 CAD 7.0% 0.21 18.09 275.6K
22 May 2026 24 CAD 19 CAD 16 CAD 1.1% 0.35 16.79 153.4K
29 May 2026 22 CAD 20 CAD 16 CAD -6.5% 0.29 8.03 525.5K
5 Jun 2026 23 CAD 20 CAD 16 CAD 4.0% 0.21 13.23 78.1K
12 Jun 2026 23 CAD 20 CAD 16 CAD 0.0% 0.01 11.38 42.9K
19 Jun 2026 22 CAD 20 CAD 16 CAD -5.4% -0.31 5.21 48.9K
26 Jun 2026 22 CAD 20 CAD 16 CAD 0.3% -0.55 5.33 240.8K
3 Jul 2026 22 CAD 20 CAD 16 CAD -1.1% -0.71 3.27 215.8K
10 Jul 2026 22 CAD 21 CAD 16 CAD 3.5% -0.78 6.56 269.1K
17 Jul 2026 23 CAD 21 CAD 16 CAD 4.4% -0.55 11.01 368.3K
24 Jul 2026 24 CAD 21 CAD 16 CAD 3.2% -0.23 13.80 268.3K